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UN approves resolution regulating seabed mining

The United Nations General Assembly has passed a resolution regulating seabed mining, paving the way for ratification of the landmark UN treaty on the Law of the Sea, which has languished for years. T…



GOLD FUNDS (August 08, 1994)

Gold Funds as of Aug 1 BGR Central Net Value $17.56 $6.85 Price $15.63 $7.375 Premium 7.7% Discount 11.02 Value $142,665,000 $133,482,338…


Royal Oak gives new life to northern Colomac mine

The drama surrounding Royal Oak Mines’ (TSE) takeover bid for Lac Minerals (TSE) is overshadowing the startup of the Colomac gold mine 137 miles north of Yellowknife, N.W.T. Royal Oak expects to produ…


Rights issue for Breakwater

Under a proposed rights offering, common shareholders of Breakwater Resources (TSE) will receive one right for each common share held. One right will entitle the holder to buy one common share at 10 c…


OPINION — Addressing ecological issues

The phrase “ecosystem management” means many things to many people. Much of its use is an outgrowth of the debate over the health of natural systems and the efficacy of our federal and state environme…


TVX, Kinross make joint bid for Lac

The bidding race for the takeover of Lac Minerals (TSE) has grown more crowded with the public inclusion of TVX Gold (TSE) and Kinross Gold (TSE). The two gold producers made public, near the end of J…


Canada’s top gold mines increase output in 1993

Although total Canadian gold output fell by nearly 6% in 1993 to 151 tonnes, production from the country’s top mines showed a marginal increase. Cumulative production last year from Canada’s top 12 mi…


Takla, Uranerz hit gold in Nevada

Reverse circulation drilling on the Slaven South property in Nevada has intersected additional gold mineralization. Partners Uranerz U.S.A. and Takla Star Resources (ASE) are carrying out a 4,005-ft. …



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